Paysafe Share Discussion Threads

[high park] 10/1/2016 13:18

Hind sight, lomax. Sold at a significant loss, but overlooked a fist full in a fifth account. Came across those in 2013 and, still under the influence, put all my readies on again in 2013. Sold the lot to buy the options as many will have done, and am now in profit, although I've lost track of the numbers.

[netcurtains] 10/1/2016 11:04

The higher WorldPay's share price goes up, one hopes there will be a positive knock-on effect to PAYS.L. Just look at the WorldPay share price graph... Wow.

[lomax99] 09/1/2016 22:24

HP - please tell me you averaged down at some point in the intervening period?

[high park] 09/1/2016 21:03

So what is today's price in old money? Recon it's about £7.40, still a long way short of £9 in 2005, when I thought the party would never stop.
Just about covering my loss.

[trentendboy] 09/1/2016 20:05

Everything is going in the right direction.

I think having china exposure is great as it will grow like crazy. US growth in other areas is also impressive and derisks.

Nothing not to like and some good discussion above,

I have some outrageously large exposure here. Goes against all the rules of investing but hey, you have to run your winners...

[eh9] 09/1/2016 15:33

The game changer is going to be signing one of the big mobile phone operator payments deals in Asia/emerging markets discussed at the investor day as in the pipeline (replay available on website). This will once and for all show the capabilities and innovation broadening from gambling and big customers

[cestnous] 09/1/2016 13:03

One thing the Chinese won't do is stop gambling.

[nurdin] 09/1/2016 12:10

I wouldnt be surprised if their European customer shifts its focus away from China and develop markets in other geographical areas such as South America.That would reduce PAYS exposure to China even further.

[nurdin] 09/1/2016 10:41

PaySafe Moves to Dilute China exposure



Unfortunately subscription only link so cant read the main gist of the article

[eh9] 09/1/2016 08:55

zac mir says 520p in the next 1-2 months!

[nurdin] 08/1/2016 19:43

The issue is one of geographical weighting rather than customer weightings....

[ralphmalph] 08/1/2016 16:30

Just had a look at the numbers

Rev H2 FY14 205.9 Rev H2 FY15 380 Growth 84%

EBITDA 47.1 100 112%
(all figures include skrill)

2012 to 2013 EBITDa trebled 13 -> 14 doubled 14 ->15 above doubled

A good track record of consistant serious profit growth now.

So can they keep it going into the future.
Estimates for a three year period

FY 15 16 17 18
150 300 600 1200

75% EBITDA growth
150 262.5 393.75 689

50% EBITDA Growth
150 225 337.5 506

So using the EBITDA as a rough proxy of share price (I know profit is better but we do not have the figures)

100% EBITDA growth 1200/150 x £4 (SP today) = £32.00
75% = £18.37
50% = £13.49

But do not forget they have a massive Asian customer and the Chinese are very nasty so PAYS is a massive sure bet short 10p by next Xmas.

Anyway who wants to accept a takeover at 6 quid a share?

[heliweli] 08/1/2016 16:18

Weekend press could help.

[turboil65] 08/1/2016 15:56

If we were to get a bid approach around the £5.60 level it doesn't seem that high now - only a 40% premium to the current price in a company that is growing naturally and through acquisitions at a staggering rate.

[market sniper3] 08/1/2016 15:40

Yes, all together now PUSH PUSH PUSH PUSH PUSH PUSH......... MORE.......PUSH PUSH PUSH PUSH PUSH......HIGHER HIGHER HIGHER HIGHER......HARDER HARDER HARDER HARDER.

[jarega85] 08/1/2016 15:37

It's trying to push through the £4 barrier!! Come on PAYS, lets see you finish above £4!

[turboil65] 08/1/2016 15:30

Nice to see it at the £4 level, expect it to get above £4.50 by the end of March.

[lomax99] 08/1/2016 13:30

IC view:


Skrill pays the bills at Paysafe





Tip Update
Optimal Payments PLC (OPAY)


Growth

Medium RISK
.

Our previous tip
We said Buy
When 1 October 2015
Price 324.3p
Tip performance to date +21%

Elated investors sent shares in Paysafe

(PAYS) up 8 per cent after the online payments specialist hiked its revenue and profit guidance for 2015. Robust trading - especially in processing in North America - means the rebranded Optimal Payments now expects sales of about $600m (£411m) and adjusted cash profits of about $150m, well ahead of consensus forecasts.

Paysafe's integration of rival Skrill has also gone well: management estimates it saved close to $10m in the second half of 2015. Broker Panmure Gordon pegs EPS for the 2015 financial year at 29¢, rising to 36¢ in 2016.


IC VIEW:

At 391p, Paysafe's shares have leapt 21 per cent since our buy tip (324.3p, 1 Oct 2015) and now trade at 16 times forecast EPS for 2016. That looks cheap given the group's continued gains in the mushrooming online payments market, the smooth integration of Skrill and its potential entry into the FTSE 250 when the index is reviewed in March. Buy.

[ralphmalph] 08/1/2016 13:27

I would imagine they will pay down debt first before a divi for 2 reasons.

1) less interest payments more profit

2) If the share price keeps growing like it is then investors will be content with no divi. Low growth boring shares pay divis. Microsoft starting paying a divi to compensate investors when the share price stopped going up.

[wolfhound1] 08/1/2016 12:56

Will we see Board pursue a dual NASDAQ listing in qtr 1 alongside FTSE250 entry perhaps - would make alot of sense :
1. US revenue is the grow engine for PAYS - good marketing to have a US listing
2. US peers have higher PE multiples - give a $5bn+ equivalent to PAYS which would give more capacity to doing a larger next acquisition probably of a US player
3. Assuming above then could easily become the number two player via an enlarged group of $8-12 bn - now you start to appear in PAYPALS rear view mirror - how do you like them bananas my 800lb gorilla.

That would be a strategy worthy of this Boards acumen. Long term hold for real value.

GLA

[dragonsteeth] 08/1/2016 12:42

Heliweli, I was thinking along similar lines re a future divi . It seems a long time ago when there was a kerfuffle about Joel's antics , and deep in the small print of his agreement there was a reference to " future dividends". I guess the balance is between ploughing the money back to grow the business including acquisitions, and maturing enough to use some money to pay Divis.